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K92 Mining Inc T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc. is a Canada-based company, which is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine, including Blue Lake, in Papua New Guinea. The Company holds the mining rights to Mining Lease 150 (ML 150). Within and surrounding ML 150 is an epithermal vein field consisting of multiple known and highly prospective vein systems: Kora, Irumafimpa, Karempe, Judd, Kora South, Judd South, Mati, Maniape and Arakompa. Mining is focused on the Kora vein system, consisting of two dominant veins and the Judd vein system consisting of four known veins with one vein being mined. There are multiple near-mine infrastructure targets, within the Kora-Kora South, Judd-Judd South and Karempe vein systems.


TSX:KNT - Post by User

Comment by LiveSimplyon Jan 03, 2022 9:19am
154 Views
Post# 34278798

RE:The Hammer is being dropped on gold, Same culprits

RE:The Hammer is being dropped on gold, Same culprits

You can say the hammer is being dropped on gold but fact is that gold has averaged over $1700/oz for over 2 years now. Gold has yo yo'd significantly between $1700 and $1900 including drops of $25 in a day maybe like today.

It doesn't matter.

KNT will bring forth it's resource update in January including record production numbers by January 20th. This will be followed by late March 2022 full year and 4th q . I expect 4th q EPS at $0.04/ sh as a minimum.

If record production is the given result w eps follow thru then I expect a 25 share price by April 1.
The 1st q 2022 results in May should be spectacular!

Disclaimer: Negative Covid surprise as they have said nothing regarding Covid despite most recent worldwide outbreak. KNT lack of candor in mid 2021 ost me significantly.

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